Investment Banking

Little-known adviser lands role on multibillion oil deal

Total's $7.5bn oil and gas buy has pitched one of the world's biggest investment banks together with a publicity-shy London boutique

Little-known adviser lands role on multibillion oil deal
Photo: Getty Images

Morgan Stanley, one of the world's biggest investment banks, has found itself advising opposite a publicity-shy boutique on one of the year's largest M&A transactions in Europe.

The US bank is working for Danish transport and energy company AP Møller-Mærsk on the $7.45bn sale of its oil and gas business to France's Total, which is being advised by Lambert Energy Advisory, a Mayfair-based energy-sector boutique, according to two sources familiar with the advisory line-up. Goldman Sachs is advising the Moller family holding company.

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